Sunrui Electric Brand Ranking
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SunRui Electric

SunRui Electric

BorgWarner New Energy (Xiangyang) Co., Ltd.
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Brand Introduction

Zhuri Electric was founded in 1997 and is committed to using new energy and information technology to create a coordinated ecosystem of smart energy and green circular economy, contributing wisdom and strength to help "carbon neutrality" and sustainable development. Its core business includes new energy vehicles. Charging and power system, power grid power quality optimization, photovoltaic power generation/energy storage and multi-energy complementarity, covering the entire industry chain of power generation, distribution, sales/energy use, and can provide global energy and power users with optimized system solutions, products and Serve. Zhuiri Electric is headquartered in Xiangyang, Hubei, a place where "Wolong comes out of the mountain", and has nearly 40 direct sales companies and distribution units across the country. In 2015, Zhuri Electric invested more than 500 million yuan to build a modern industrial park, and in 2021 it built a "zero carbon" science and technology park, taking the lead in achieving zero carbon dioxide emissions. As a leading supplier and service provider in the fields of electricity and energy, Zhuri Electric actively responds to the country's major strategy of jointly building the "Belt and Road" and actively explores and deploys international markets. Product sales and project development cover more than 70 countries and regions around the world. Distribution outlets have been established in more than 40 countries to form a global customer service network.

On March 1, 2023, BorgWarner Corporation (NYSE: BWA) announced that it had completed the acquisition of Hubei Zhuiri Electric Co., Ltd. (SSE)'s electric vehicle solutions, smart grid and smart energy businesses.

The acquisition is an important move for BorgWarner to conduct electrification business in Asia and will be expected to improve BorgWarner's existing charging business in Europe and North America. BorgWarner believes that the acquisition is a strategic decision of BorgWarner with great commercial value on the road to electrification transformation, which will help BorgWarner improve its professional capabilities in the charging field, expand its business scope, and further grasp the development of electrification transformation. Opportunities.

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